Check out last week’s digest on cryptocurrency market changes, top 3 coins stats, top gainers and losers and the most notable cryptocurrency news.
Last week was marked mainly by the Ethereum’s Constantinople hard fork and Facebook’s secret coin, while the crypto market was far less active compared to the week before. Hope you find it helpful and as usual – happy trading!
Cryptocurrency market stats
Crypto market lost 2.64% of its capitalization, although other stats did show a slight growth.
|Stat||Value (7d change)|
|Cryptocurrencies||2 098 (+0.58%)|
|Markets||16 232 (+0.66%)|
|Market Cap||$125 234 947 464 (-2.64%)|
|BTC Dominance||52.6% (+0.3%)|
Major coins price stats
Last week was bearish for Ethereum and bullish for 2 other coins, especially for XRP with more than 3.5% added to its value.
|Coin||Close||7d Gains||7d High||7d Low|
|Bitcoin||3 847.18||+0.96%||3 913.71||3 787.06|
SnapCoin, GoNetwork and ABBC Coin had significant increases of their prices during last week.
|Coin||Symbol||24h Volume||Price||7d Increase|
|ABBC Coin||ABBC||$26 553 765||$0.311710||200.66%|
The Currency Analytics, SnowGem and 4NEW lost less than the previous top losers.
|Coin||Symbol||24h volume||Price||7d Drop|
|The Currency Analytics||TCAT||$251 719||$0.003068||-34.04%|
Quote of the week:
Jamie Dimon, CEO of JPMorgan Chase, about the future of JPM Coin: “JP Morgan Coin could be internal, could be commercial, it could one day be consumer.”
In case you missed it:
- The long-awaited Constantinople hard fork of Ethereum, a second-largest by market capitalization cryptocurrency, has occurred on February 28th on block number 7,280,000. Both upgrades (Constantinople and St. Petersburg) will reduce block reward issuance from 3 to 2 ETH. The hard fork was previously delayed several times due to the security vulnerabilities.
- NASDAQ has partnered with New Zealand-based blockchain data and research firm Brave New Coin to list Bitcoin’s and Ethereum’s price indices. The Bitcoin Liquid Index (BLX) and the Ethereum Liquid Index (ELX) are “to provide a real-time spot or reference rate for the price of 1 BTC and 1 ETH respectively, quoted in USD”.
- Reportedly, Facebook is working on a secret blockchain project. According to the rumours, it is a cryptocurrency that users of WhatsApp could sent to each other instantly. It is also said, that the company is already negotiating with cryptocurrency exchanges about selling the Facebook coin to consumers.